The year of the survivor and the opportunist in mining
According to PricewaterhouseCoopers (PwC), 2009 mining M&A saw significant decreases in values and also changes in the characteristics of buyers and sellers. Sellers were acting largely through necessity to strengthen balance sheets for survival rather than seeking expansion and development capital according to Mining Deals, PwC’s annual publication on deal activity in the mining sector. (more…)
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